Ocean Bank
Miami, FL — Non-member Bank
Active
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Ocean Bank | All Insured Commercial Banks in Florida |
Interest and Fees on Loans | 124,849 | 17,732 |
Income from Lease Financing Receivables | — | 0 |
— | 43 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 22 |
Income on Loans and Leases (TE) | 124,849 | 17,770 |
Investment Interest Income (TE) | 8,408 | 2,218 |
Total Interest Income (TE) | 133,901 | 20,559 |
Total Interest Expense | 10,502 | 2,162 |
Net Interest Income (TE) | 123,399 | 18,272 |
Non-Interest Income | 20,371 | 3,794 |
Adjusted Operating Income (TE) | 143,770 | 22,711 |
Non-interest Expense | 104,475 | 16,000 |
Provision for Loan & Lease Losses | -600 | 402 |
Pretax Operating Income (TE) | 39,895 | 6,153 |
Pretax Net Operating Income (TE) | 41,524 | 6,294 |
Applicable Income Taxes | 16,209 | 1,702 |
Net Operating Income | 25,315 | 4,381 |
Net Income | 25,315 | 4,381 |
Cash Dividends Declared | 10,000 | 1,082 |
Retained Earnings | 15,315 | 2,782 |